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Still, in a contest of challengers, name recognition can count for a lot, and in that regard McAuliffe entered the race in the strongest position of the three. Until recently, in fact, the outspoken former chairman of Hillary Clinton's 2008 presidential campaign enjoyed double-digit leads in some polls. A savvy, veteran fundraiser, he's raked in $6.9 million, nearly as much as his two opponents combined: Moran has raised $4.8 million and Deeds $3.8 million. McAuliffe, who has made a fortune in real estate and Internet investments mostly with Democratic donors, bills himself as the candidate best qualified...
...Stephen Roach is chairman of Morgan Stanley Asia and was the firm's chief economist...
...package included an additional $50 million for the National Endowment for the Arts (NEA). President Obama has also proposed increasing the NEA budget next year by $6 million, to $161.3 million. And in May he nominated a firecracker, the Broadway producer Rocco Landesman, to be the NEA's next chairman. But at the same time, arts groups are worried about what they see as a serious threat to their donor base: the White House proposal to reduce as much as 20% the tax deduction that higher-income families can take for charitable contributions...
...embarrassing spectacle concerns the roster of speakers for Monday evening's GOP annual joint Senate and House fundraiser, the biggest Republican congressional event of the year, which is expected to rake in at least $10 million. The Alaska governor was originally invited last spring by Pete Sessions, the chairman of the National Republican Campaign Committee (NRCC), to address the dinner. She accepted, or so Sessions thought, and a press release went out. But there was apparently a miscommunication in Palin World between Washington and Alaska advisers, because as it turned out, the 2008 vice presidential nominee had a conflict...
This plan backfired as well, however. After Cornyn extended the second invitation to speak, Sessions, concerned that she'd upstage Gingrich, vetoed her speaking role. "Chairman Sessions is a big supporter of Governor Palin, which is why he invited her to be the keynote speaker when the event was first announced," said NRCC spokesman Ken Spain. "A great deal of effort has been put into this fundraising event, and Speaker Gingrich has gone above and beyond the call of duty. It is our hope that Governor Palin will attend the dinner and be recognized, but we understand if her busy...